BATM Advanced Communications Ld
6 December 2000
BATM Advanced Communications announces that application
has been made to the London Stock Exchange and UK Listing
Authority for the admission to the Official List of
568,972 ordinary shares of ILS 0.01 each. These shares,
which rank pari passu with the existing ordinary shares
in issue, are being allotted as follows;
i) 46,650 shares as part of the advisory fee on the
acquisition of Telco Systems inc, and ii) 522,322 shares
to the vendor in relation to the acquisition of a stake
in the Lantech Computer Company.